The Memphis Grizzlies have re-signed center Marc Gasol to a multi-year contract, Grizzlies General Manager and Vice President of Basketball Operations Chris Wallace announced today. The deal is reportedly for four years, $57.7 million.

“We are very happy to re-sign Marc Gasol, who has been one of the pillars of the Grizzlies franchise since his arrival and a true ‘Memphis basketball player’ ever since his days at Lausanne,” Wallace said. “We are excited to keep him as part of our core group of players and to build on what this organization has already achieved for many years to come.”